Minimum Deposit: $100.00
At Paycron, we have specific requirements for prepayment methods to ensure the smooth processing of your transactions. The minimum deposit amount required to fund your prepaid account is $100.00. This deposit is necessary to activate your account and enable check processing.
Accepted Payment Methods:
To fund your prepaid Paycron eCheck account, please use one of the following accepted payment methods:
ACH Transfers: ACH (Automated Clearing House) transfers are an efficient way to deposit funds into your Paycron account. You can initiate these transfers through your bank, which will ensure that your funds are securely and accurately transferred to your account.
Zelle: Zelle is a convenient and quick method for transferring funds directly to your Paycron account. Ensure you are sending payments to the correct Paycron email address associated with your account to avoid any issues.
Wire Transfers: 3.For larger amounts or urgent deposits, wire transfers provide a reliable option. Please consult with your local banker to initiate a wire transfer and ensure that all details are correctly provided to avoid delays.
Payment Methods Not Accepted:
Please note that Paycron does not accept payments via checks, Stripe, or PayPal. If you attempt to use these methods, the payment will be rejected. It is crucial to use the specified payment methods to ensure your funds are credited to your account. Any payments made using these non-accepted methods will not be refunded, and it will be your responsibility to recover those funds. If you need to add our email address or phone number to a payment, it indicates that the payment method is not accepted. Ignoring this notification and proceeding with a non-accepted payment method may result in the loss of your funds, with no credit being applied to your prepaid account.
Handling of Prepaid Funds:
Prepaid Balance Management: Approved and activated merchants can start processing checks immediately. To avoid processing delays, ensure that you maintain sufficient funds in your prepaid balance to cover all associated fees. The balance in your account should a
Depositing Funds: You can deposit funds into your prepaid Paycron eCheck account using ACH transfers, Zelle, or wire transfers. The details for each method can be found in the user manual shared with you upon approval of your eCheck account.
Check Generation: Our system will generate your checks directly. These checks can be conveniently downloaded from your eCheck Dashboard once your prepaid account is funded.
Fees and Balance Management:
Account Fees: All fees related to check processing are deducted directly from your prepaid balance. It is essential to keep track of these deductions to ensure you have sufficient funds available.
Prepaid Balance: You can view your prepaid balance directly on your Paycron dashboard. This feature allows you to monitor the available funds in real-time.
Billing Section After processing a check, you can verify the deduction of funds from your prepaid balance in the billing section of the portal. This ensures transparency and allows you to keep track of all transactions and fees associated with your account.
For assistance with ACH or wire transfers, please consult with your local banker. Any attempts to bypass the approved prepayment options will result in the cancellation of the transaction, and the funds will not be credited to your account. Adherence to these guidelines is crucial for maintaining the functionality of your Paycron account and ensuring seamless processing of your transactions.
